Bond Counsel Services

The Vendor is required to provide bond counsel services on an as-needed basis.
- Requirement:
• legal advice as bond and or disclosure counsel, including drafting all necessary bond documents related to the issuance of tax-exempt or taxable multifamily, single family, general obligation or other governmental bonds, notes or certificates of participation, conduit bonds and private placement transactions; review all financing documents related to the issuance of the applicable bonds or notes; examine, research, and review all applicable laws and regulations relevant to or in any way affecting the issuance, sale, execution and delivery of securities; potential credit enhancement through mac products or other providers; provide written opinions as necessary relating to bonds; assist the authority, its instrumentalities financing team, including municipal finance advisors and development partners, financing team, including municipal finance advisors and development partners in resolving issues related to the successful issuance and closing of the applicable transaction; advise the authority on matters that may arise after the issuance of bonds, including IRS, HUD, internal and other audits, ownership transfers between the authority and its instrumentalities, allowable credit substitutions, federal tax compliance and reporting, conduit bond issuer fees and loan/note/bond payoff/redemption procedures, refinancing of existing bonds or notes, assistance with sec reporting and disclosure requirements as necessary;, assist with rating agency presentations as requested;, and represent the authority when it is an issuer of conduit bonds, whether as a co-developer or as a subsidy provider or ground lessor; and represent the authority as lender counsel when general obligation bonds are issued for construction purposes and the proceeds are loaned to the authority or an authority affiliate.